Mexico proudly controls its energy but could find it hard to reach its climate goals
Release time：2024-05-22 10:46:18 Source：Worldly Weaves news portal
MEXICO CITY (AP) — Mexico’s taking control of its oil sector from U.S. and British companies is taught in schools and celebrated every year. The 1938 nationalization is a point of pride for millions of Mexicans including President Andrés Manuel López Obrador.
The popular president hails from the Mexican oil industry’s heartland, and 16 years ago he led a fight against energy reforms that were aimed at drawing private investment to the massive state-run oil company, Pemex. This year, the front-runner in the race to replace López Obrador chose the anniversary of Mexico’s oil expropriation to announce her energy proposals, which include maintaining large-scale petroleum production by Pemex.
Front-runner Claudia Sheinbaum also wants to make sure that the government-run Federal Electricity Commission, CFE, generates the majority of the power Mexico supplies to homes and businesses. Like the other two candidates to replace López Obrador, she only wants limited private energy involvement, but continuing to favor state-owned companies will make it harder for Mexico to meet its climate change commitments, experts say.
- Previous：Trump visits Minnesota after son Barron's Florida high school graduation
- Next：Andretti Global makes key engineering hire in bid to earn a spot in Formula 1
Related articles
- Russian general who criticized equipment shortages in Ukraine is arrested on bribery charges
- Retired Woman Committed to Protecting 'Mother River'
- Villagers Create Rap Songs, Record Better Lives
- Women Promotes Lahu Culture, Helps Villagers Achieve Prosperity by Singing, Dancing
- Cristiano Ronaldo to lead Portugal into record sixth European Championship
- Miao Woman Inherits, Promotes Family's Tea
- China cruises past Mongolia on Asiad men's basketball opening day
- The Art of Sculpting in Fire
- Wayne Bennett, at 74, signs a 3
- Young American Sharing Traditional Chinese Culture with World
- Vatican makes fresh overture to China, reaffirms that Catholic Church is no threat to sovereignty
- Advancing Rural Development Through Modern Agriculture
- Dessert Brand Reveals Sweet Tastes from Hutong
- Campaign Advocates Green, Low
- Massey, Perez hit homers to lead Royals in 8
- 2022 'She Can' Public Welfare Project Kicks off in Chengdu
- Telling China's Story in Objective, Comprehensive Way
- Contributing to Sino
- Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan
- 'Guardian Angels' of Wetlands
Random recommendation
- Copyright © 2024 Powered by Mexico proudly controls its energy but could find it hard to reach its climate goals ,Worldly Weaves news portal sitemap